• Wed. Aug 4th, 2021

mccoy.ventures

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US super-rich ‘pay almost no income tax’

On the other hand, if I have zero assets, and I make £30,000 in income, I will pay roughly £6,000 in income tax and national insurance. That’s why the revelations that some of the richest Americans paid little or no income tax may provoke outrage but should not come as a surprise. It’s not comparing apples with apples.